The Manufacturers Life Insurance Company Invests $4.60 Million in Qualys, Inc. $QLYS

The Manufacturers Life Insurance Company acquired a new position in shares of Qualys, Inc. (NASDAQ:QLYS) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 33,435 shares of the software maker’s stock, valued at approximately $4,597,000. The Manufacturers Life Insurance Company owned about 0.10% of Qualys at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC grew its holdings in Qualys by 206.2% during the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after buying an additional 200 shares during the last quarter. Strive Financial Group LLC acquired a new position in shares of Qualys in the fourth quarter worth $27,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Qualys by 204.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after acquiring an additional 143 shares in the last quarter. Kilter Group LLC purchased a new stake in shares of Qualys in the second quarter valued at $31,000. Finally, Employees Retirement System of Texas purchased a new stake in shares of Qualys in the fourth quarter valued at $43,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Analysts Set New Price Targets

QLYS has been the subject of a number of recent research reports. Wall Street Zen upgraded Qualys from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Piper Sandler upped their target price on shares of Qualys from $100.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. TD Cowen raised their price target on shares of Qualys from $145.00 to $170.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. Northland Securities set a $208.00 price target on shares of Qualys in a report on Wednesday, August 5th. Finally, Jefferies Financial Group boosted their price objective on shares of Qualys from $150.00 to $185.00 and gave the company a “hold” rating in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $170.53.

Qualys Stock Down 0.5%

Shares of NASDAQ:QLYS opened at $186.14 on Tuesday. The company has a market cap of $6.44 billion, a P/E ratio of 32.20 and a beta of 0.60. The business has a fifty day simple moving average of $159.45 and a 200-day simple moving average of $118.49. Qualys, Inc. has a 52 week low of $74.51 and a 52 week high of $201.54.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.20. The firm had revenue of $182.18 million for the quarter, compared to the consensus estimate of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.68 earnings per share. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Sell-side analysts expect that Qualys, Inc. will post 5.85 earnings per share for the current fiscal year.

Insider Activity at Qualys

In related news, CEO Sumedh S. Thakar sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $135.00, for a total value of $4,050,000.00. Following the sale, the chief executive officer directly owned 196,686 shares of the company’s stock, valued at approximately $26,552,610. This trade represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 1,627 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $153.04, for a total transaction of $248,996.08. Following the completion of the sale, the chief financial officer owned 75,743 shares of the company’s stock, valued at approximately $11,591,708.72. The trade was a 2.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 58,614 shares of company stock valued at $7,747,968. Insiders own 0.72% of the company’s stock.

Qualys Profile

Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company’s flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.